Pacific Hydro
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Pacific Blue (formerly Pacific Hydro) is an electricity generation and retailing company headquartered in
Melbourne Melbourne ( , ; Boonwurrung language, Boonwurrung/ or ) is the List of Australian capital cities, capital and List of cities in Australia by population, most populous city of the States and territories of Australia, Australian state of Victori ...
, Australia. The company was founded in 1992 and was soon floated on the
Australian Securities Exchange Australian Securities Exchange Ltd (ASX) is an Australian public company that operates Australia's primary Exchange (organized market), securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or c ...
. It was later bought by a consortium of industry superannuation funds and de-listed. It is now owned by China's
State Power Investment Corporation State Power Investment Corporation Limited (abbreviation SPIC) is one of the five major electricity generation companies in China. It was the successor of China Power Investment Corporation after it was merged with the State Nuclear Power Te ...
. The company builds and operates renewable energy projects. It initially was initially involved in hydro electricity on irrigation dams, before opening its first
wind farm A wind farm, also called a wind park or wind power plant, is a group of wind turbines in the same location used to produce electricity. Wind farms vary in size from a small number of turbines to several hundred wind turbines covering an exten ...
in 2010. Pacific Blue is now involved in
hydro Hydro (from ) may refer to: Energy technologies * Water-derived power or energy: ** Hydropower, derived from water ** Hydroelectricity, in electrical form * "Hydro", AC mains electricity in parts of Canada * Micro hydro, a type of hydroelect ...
,
wind Wind is the natural movement of atmosphere of Earth, air or other gases relative to a planetary surface, planet's surface. Winds occur on a range of scales, from thunderstorm flows lasting tens of minutes, to local breezes generated by heatin ...
,
solar Solar may refer to: Astronomy * Of or relating to the Sun ** Solar telescope, a special purpose telescope used to observe the Sun ** A device that utilizes solar energy (e.g. "solar panels") ** Solar calendar, a calendar whose dates indicate t ...
and
geothermal Geothermal is related to energy and may refer to: * Geothermal energy, useful energy generated and stored in the Earth * Geothermal activity, the range of natural phenomena at or near the surface, associated with release of the Earth's internal he ...
power projects. Pacific Blue is also active in the production and trading of carbon credits from its
run-of-river Run-of-river hydroelectricity (ROR) or run-of-the-river hydroelectricity is a type of hydroelectric generation plant whereby little or no water storage is provided. Run-of-the-river power plants may have no water storage at all or a limited amou ...
hydro projects registered under the
Clean Development Mechanism The Clean Development Mechanism (CDM) is a United Nations-run carbon offset scheme allowing countries to fund greenhouse gas emissions-reducing projects in other countries and claim the saved emissions as part of their own efforts to meet internat ...
of the
Kyoto Protocol The was an international treaty which extended the 1992 United Nations Framework Convention on Climate Change (UNFCCC) that commits state parties to reduce greenhouse gas emissions, based on the scientific consensus that global warming is oc ...
. The company is one of the pioneers of renewable energy development in Australia. Pacific Blue developed the first commercial wind farm in Victoria and, by 2023, operated a high-quality, diversified portfolio of wind, solar and hydro renewable assets in Australia, with a total generation capacity of over 660 MW and a significant pipeline of over 2 GW across the National Electricity Market (NEM). In 2012, Pacific Blue's retail arm began operations under the brand name Tango Energy, selling electricity and
natural gas Natural gas (also fossil gas, methane gas, and gas) is a naturally occurring compound of gaseous hydrocarbons, primarily methane (95%), small amounts of higher alkanes, and traces of carbon dioxide and nitrogen, hydrogen sulfide and helium ...
to consumers in Victoria. In April 2023, Tango Energy Pty Ltd was renamed Pacific Blue Retail Pty Ltd, and provided energy products to customers under the Pacific Blue Retail and Tango Energy brands. Its certified carbon neutral products are available through its Pacific Blue Retail brand.


Power stations

Power stations owned and operated by Pacific Blue include:


Wind

* Codrington Wind Farm * Challicum Hills Wind Farm *
Clements Gap Wind Farm Clements Gap Wind Farm is a wind farm operated by Pacific Blue. It opened in 2010 located in the Barunga Range, South Australia near Clements Gap, some 20 minutes south of Port Pirie. The wind farm consists of 26 wind turbines with a total ...
*Crowlands Wind Farm * Portland Wind Project * Taralga Wind Farm


Water

* Eildon Pondage Power Station * Lake Glenmaggie power station * Ord River Hydro Power Station * The Drop Hydro * William Hovell Power Station, a hydroelectric power station in the Hume region of Victoria, Australia


Solar

*Haughton Solar Farm


References

{{Reflist


External links


Pacific Blue website
Companies based in Melbourne Companies formerly listed on the Australian Securities Exchange Electric power companies of Australia Energy companies established in 1992 1992 establishments in Australia